News
CMA CGM to Buy Fed Ex Supply Chain for $1. 4 Billion, Expanding North American Logistics Business
3+ hour, 45+ min ago (336+ words) The'CMA CGM'Group has agreed to acquire'Fed Ex Supply Chain'from'Fed Ex'in a deal valued at $1. 4 billion, significantly expanding its North American contract logistics business while establishing new long-term ocean and air cargo partnerships between the two companies. The transaction, which is…...
The Last Hitch 5 Financial Moves Every Mariner Should Make Before Going Shoreside
3+ mon, 3+ week ago (1001+ words) Logistics and transportation of International Container Cargo ship in the ocean at twilight sky, Freight Transportation, Shipping There's a moment every mariner thinks about, even if they haven't lived it yet. The last bag packed. The last safety briefing. The…...
When the Underwriters Blinked: What the Hormuz Insurance Crisis Really Means
3+ mon, 3+ week ago (383+ words) The viral social media post claimed Donald Trump had just "killed the British Empire" in a matter of minutes. The truth is simultaneously more complicated, more interesting, and in some ways more consequential than that. By Paul Morgan (g Captain)…...
HMM Remains Profitable in 2025 Despite Global Freight Rate Collapse
4+ mon, 2+ week ago (635+ words) South Korea's'HMM'managed to stay in the black through a bruising 2025 for container shipping, posting a 13. 4% operating margin even as freight rates collapsed across major trade lanes and several global rivals slipped into losses. The Seoul-based carrier reported full-year revenue of'KRW…...
Labor Department Eases Insurance Rules for U. S. Shipbuilders
4+ mon, 3+ week ago (274+ words) USNS Oscar V. Peterson (T-AO-206) (ex-USNS Harvey Milk). Credit: General Dynamics NASSCO The U. S. Department of Labor has issued new guidance easing insurance requirements for shipbuilding and other strategically important industries, a regulatory shift aimed at lowering costs across America's maritime industrial…...
TEN CEO: Shadow Fleet Crunch Has Pushed Tanker Rates to Rare Levels
4+ mon, 3+ week ago (923+ words) As geopolitical turmoil reshapes global energy trade routes and sanctions pull nearly a third of the world's tanker fleet into shadow operations, a severe shortage of high-quality tonnage has sent charter rates soaring to levels rarely seen in the industry's…...
American Great Lakes Ports Launch Study to Expand Cargo Shipments'Between Great Lakes and Inland Waterways
4+ mon, 3+ week ago (691+ words) g Captain is the world's top maritime and offshore industry news platform, providing real-time coverage on shipping, maritime technology, and global trade. With a dedicated focus on industry professionals, we deliver the latest insights on safety regulations, vessel operations, and…...
Dual-Fuel Fleet Surges to 400 Ships as Alternative-Fuel Investment Defies Market Slowdown
4+ mon, 3+ week ago (577+ words) Join the leading maritime news network Investment in alternative-fueled shipping continues to climb despite broader market headwinds, with the global dual-fuel fleet reaching 400 container ships and vehicle carriers in service as of December 2025, according to the World Shipping Council's latest…...
Longer Sailing Distances Set to Bolster Dry Bulk Demand Through 2026, BIMCO Says
5+ mon, 3+ day ago (460+ words) Join the leading maritime news network Longer average sailing distances are expected to support dry bulk demand through 2026, helping offset rising fleet growth and keeping market conditions relatively stable before weakening in 2027, according to new analysis from BIMCO. "We estimate…...
Drewry: Carriers "Drip-Feed" Capacity Back Into Suez as Container Rates Slide
5+ mon, 1+ week ago (448+ words) Join the leading maritime news network Drewry's World Container Index fell 10% to $2, 212 per 40-foot container this week, marking the second consecutive week of declining rates as carriers navigate conflicting strategies over Suez Canal transits and face weakening demand in the…...